Selling Book Have Questions
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Aug 28, 2012 1:56 pm
I am selling my book at the end of this year to another indy broker with my BD. The sale price is 200k. 100k down the rest over 3 years. Does anyone know if all of the price is taxable income to me. There is no fixed assests just the book of clients.Can any of the sale price be a capital gain?